Litecoin Price Hits $66.02 on Exchanges (LTC)
by Sarita Garza · The Markets DailyLitecoin (LTC) traded down 1.8% against the US dollar during the 1 day period ending at 21:00 PM E.T. on November 4th. One Litecoin coin can currently be bought for $66.02 or 0.00097134 BTC on major cryptocurrency exchanges. Over the last week, Litecoin has traded 8.3% lower against the US dollar. Litecoin has a market cap of $4.96 billion and $279.33 million worth of Litecoin was traded on exchanges in the last day.
Here is how related cryptocurrencies have performed over the last day:
- Dogecoin (DOGE) traded 6.7% higher against the dollar and now trades at $0.16 or 0.00000238 BTC.
- UNUS SED LEO (LEO) traded 0% higher against the dollar and now trades at $6.05 or 0.00008900 BTC.
- NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
- MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
- Polymath (POLY) traded down 3.8% against the dollar and now trades at $0.0465 or 0.00000068 BTC.
- Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
- DEI (DEI) traded down 2.5% against the dollar and now trades at $0.0129 or 0.00000020 BTC.
Litecoin Profile
Litecoin (LTC) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its genesis date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 75,159,262 coins. The official website for Litecoin is litecoin.org. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The official message board for Litecoin is litecointalk.io. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here.
According to CryptoCompare, “Litecoin (LTC) is a digital currency designed for fast, low-cost payments over the internet. Created by Charlie Lee in 2011 as an alternative to Bitcoin, it offers improved transaction times and a higher maximum supply, using a different algorithm (scrypt) for mining. Litecoin facilitates peer-to-peer transactions without a central authority, making it suitable for a wide range of financial activities, from everyday purchases to trading and investment. Its creation by a former Google engineer aimed to address and improve upon some of Bitcoin’s limitations, establishing Litecoin as a practical complement to Bitcoin in the digital currency ecosystem.”
Buying and Selling Litecoin
Investors seeking to trade Litecoin using U.S. dollars directly can do so using Gemini, Changelly or GDAX.
LTC/USD price chart by TradingView